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Alliance Oil: June’s Average Production at 66,186 Barrels

Alliance Oil Company’s total average daily oil and gas production for June and for the second quarter of 2013 amounted to 66,186 barrels of oil equivalent (boepd) and 66,349 boepd respectively. In total, 6.0 million barrels of oil equivalent (mboe) were produced in the second quarter of 2013. Preliminary average …

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Gazprom and Bulgaria show interest in building South Stream as soon as possible

Led by Alexey Miller, Chairman of the Gazprom Management Committee, the Company’s delegation paid a visit today to the Republic of Bulgaria. Working meetings of Alexey Miller with Plamen Oresharski, Bulgarian Prime Minister and Dragomir Stoynev, Bulgarian Economy, Energy and Tourism Minister took place as part of the visit. The parties addressed the Russian-Bulgarian cooperation in the gas sector paying …

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Max Petroleum Plc: Spudding of ZMA-A21

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the ZMA-A21 development well in the Zhana Makat Field on Block E using the Zhanros ZJ-30 rig. Total vertical depth of the well will be approximately 860 …

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Surgutneftegas Reports Operating Results for 1H2013

Over six months of 2013, Surgutneftegas produced 30.438 million tonnes of crude oil, matching the level of the previous year (30.435 million tonnes). Throughout January–June of this year, crude output in the Republic of Sakha (Yakutia) reached 3.532 million tonnes, which is 13% higher than in the same period of …

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Tatneft Continues the Contract Implementation in Turkmenistan

Professionals of TATNEFT continue to implement the contract for provision of services designed to enhance oil recovery in the south-eastern sector of oil field No. 4 of NGDU “Goturdepeneft” in Turkmenistan. The crews of JSC TATNEFT branch worked over and put into operation five wells in the first half of …

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Rosneft Starts Field Seismic Prospecting and Environment Studies with its Partner Eni in the Barents Sea

Rosneft started field seismic operations at Fedynsky and Central Barents license areas, explored by Rosneft jointly with the project partner Eni, the major Italian oil company. 2D seismic survey is now scheduled along with the on-board gravity and magnetic measurements for 9,950 linear km in two license areas. The data …

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Spectraseis: Todd Chuckry Named Interim CEO

Spectraseis, the technology leader in microseismic fracture imaging, stimulation evaluation and seismic monitoring, has appointed Todd Chuckry as interim CEO, to be confirmed in the next shareholders and Board of Directors meeting. Mr. Chuckry has been the VP of Sales and Business Development prior to this appointment. Todd joined Spectraseis …

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Max Petroleum: Spudding of UTS-11 Appraisal Well in Uytas Field

Max Petroleum Plc, an oil and gas exploration and production company focused on Kazakhstan, is pleased to announce that it has commenced drilling the UTS-11 appraisal well in the Uytas Field on Block A using the Zhanros ZJ-20 rig. This well is the second in a 13 well appraisal programme at …

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Zoltav Resources: Completion the of Acquisition of CenGeo and the Koltogor Oil Field

Zoltav, the CIS-focused oil and gas exploration and development company, is pleased to announce the completion of its first major asset acquisition and the admission of its enlarged issued share capital to trading on the AIM market of the London Stock Exchange. Dealings commenced at 8.00 a.m. today. This follows …

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Rosneft and Federal Tax Service Sign Second Agreement on Pricing for Tax Purposes

On July 04, 2013 Rosneft President Igor Sechin and Head of the Federal Tax Service of Russia Mikhail Mishustin signed the Pricing Agreement for the purpose of taxation of oil sales transactions at the Russian market. The Agreement applies to 2012 sales of crude oil produced by Slavneft Group enterprises …

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